Internalizing a Positive Externality Will Cause the Demand Curve to

question 85

Multiple Choice

Internalizing a positive externality will cause the demand curve to

• A)shift to the right.
• B)shift to the left.
• C)become more elastic.
• D)remain unchanged.

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Definitions:

Identity Formation

The process through which an individual develops a distinct personality and sense of self, often influenced by social relationships and experiences.

Social Attributes

are the characteristics, traits, or qualities that define an individual's social identity, affecting how they are perceived by others.

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Pertaining to the customs, arts, social institutions, and achievements of a particular nation, people, or other social group.